Firm Fixed Price definition
Examples of Firm Fixed Price in a sentence
In the event the parties make a Material change to the list of PM tasks listed in Exhibit Q, the Judicial Council will make an applicable commensurate adjustment to the Firm Fixed Price in accordance with Exhibit T.
Furniture and equipment moving incidental to Firm Fixed Price Work shall be included in the Firm Fixed Price.
If the Judicial Council and the Contractor agree on adjustments to the staffing levels with respect to the Management and Support Staff, either up or down, the Judicial Council and Contractor will agree upon an adjustment to the Firm Fixed Price prior to the implementation of the adjustments.
The Price Quotes shall be priced on a Time and Materials Not-to-Exceed Basis for the Services necessary to provide the appraisal, including buildup of the price based upon the hourly rates, as specified in paragraph 9 below, or, if the Service Provider so offers in its written Price Quote, Time and Materials Not-to-Exceed Basis or Firm Fixed Price rates lower than those in paragraph 9 below.
For any Services or a Work Authorization priced on a Firm Fixed Price Basis, Service Provider shall invoice and the AOC shall compensate Service Provider for the fixed price specified in the Work Authorization.